Howe Caverns is a premier natural attraction, a living, limestone cave, carved by an underground river over the course of 6 million years, located 156-feet below the earth's surface. An Schoharie County, N.Y. farmer discovered the caverns more than 160 years ago. Formed in 1927, Howe Caverns incorporated, a public company owned by shareholders, opened the caverns to the public on Memorial Day weekend of 1929.
Definition of 'Volatility'. Definition: It is a rate at which the price of a security increases or decreases for a given set of returns. Volatility is measured by calculating the standard deviation of the annualized returns over a given period of time. It shows the range to which the price of a security may increase or decrease.
What is 'Volatility'. Volatility is a statistical measure of the dispersion of returns for a given security or market index. Volatility can either be measured by using the standard deviation or variance between returns from that same security or market index. Commonly, the higher the volatility, the riskier the security.